Kristol: Colin Powell likely to endorse Obama at Democratic convention; Powell disputes it.

Today on Fox News, Weekly Standard editor Bill Kristol revealed that former Secretary of State Gen. Colin Powell may endorse Obama and speak at the Democratic convention on Wednesday, Aug. 27:

I’m hearing from people who talked directly to the Obama campaign, that Colin Powell will endorse Sen. Obama, and he may well give a speech at the Democratic convention explaining his endorsement of Obama.

Watch it:

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Caution: Note that the Kristol Ball has a mixed record. Powell spokeswoman Peggy Cifrino has strongly denied Kristol’s report, saying there is “absolutely no truth to it whatsoever.”

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“I do not have time to waste on Bill Kristol’s musings,” Powell told ABC News. “I am not going to the convention. I have made this clear.”